Was Kevin Gremer’s March 2026 FULT share acquisition an open-market purchase?

The March 12, 2026 acquisition of 1,272.5884 Fulton Financial common shares was made with cash through the Employee Stock Purchase Plan. This indicates a plan-based purchase mechanism rather than a discretionary open-market trade on a stock exchange or through a broker.

Fulton Financial (NASDAQ: FULT) exec gets 5,768 RSUs and buys 1,273 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Fulton Financial Corp executive Kevin C. Gremer reported compensation-related equity awards and plan purchases of company stock. On May 1, 2026, he received a grant of 5,768 restricted stock units (RSUs), each representing one share of $2.50 par value common stock, bringing his RSU balance to 13,704.564 units.

The RSUs were granted under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan and cliff-vest three years from the grant date, with vested shares and accumulated dividend equivalents delivered at that time. A separate transaction on March 12, 2026 shows the acquisition of 1,272.5884 common shares at $19.645 per share through the Employee Stock Purchase Plan, resulting in 1,283.6797 common shares held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Gremer Kevin C

Role SEVP Chief Operations & Tech

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5,768	$0.00	--
Other	$2.50 par value Common Stock	1,272.588	$19.645	$25K

Holdings After Transaction: Restricted Stock Units — 13,704.564 shares (Direct, null); $2.50 par value Common Stock — 1,283.68 shares (Direct, null)

Footnotes (1)

Purchase made with cash in the Employee Stock Purchase Plan. Includes 11.091234 shares acquired on April 15, 2026 pursuant to dividend reinvestment. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.

Key Figures

RSUs granted: 5,768 units RSU holdings after grant: 13,704.564 units ESPP shares purchased: 1,272.5884 shares +3 more

6 metrics

RSUs granted 5,768 units Restricted stock unit award granted May 1, 2026

RSU holdings after grant 13,704.564 units Total restricted stock units following May 1, 2026 grant

ESPP shares purchased 1,272.5884 shares Common stock acquired March 12, 2026 via Employee Stock Purchase Plan

ESPP purchase price $19.645 per share Price for common stock acquired March 12, 2026

Common shares held 1,283.6797 shares Direct common stock holdings after March 12, 2026 transaction

Dividend reinvestment addition 11.091234 shares Shares acquired April 15, 2026 via dividend reinvestment

Key Terms

Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment, cliff-vest, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee Stock Purchase Plan financial

"Purchase made with cash in the Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

dividend reinvestment financial

"Includes 11.091234 shares acquired on April 15, 2026 pursuant to dividend reinvestment."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

cliff-vest financial

"The restricted stock units cliff-vest three years from the grant date."

dividend equivalents financial

"Vested shares, together with accumulated dividend equivalents will be delivered"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 03:57 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gremer Kevin C

(Last)

(First)

(Middle)

C/O FULTON FINANCIAL CORPORATOIN

P.O. BOX 4887, ONE PENN SQUARE

(Street)

LANCASTER

PENNSYLVANIA

17602

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FULTON FINANCIAL CORP [ FULT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SEVP Chief Operations & Tech

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$2.50 par value Common Stock	03/12/2026		J	V	1,272.5884⁽¹⁾	A	$19.645	1,283.6797⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾⁽⁴⁾	05/01/2026		A		5,768		⁽⁵⁾	⁽⁵⁾	$2.50 par value Common Stock	5,768	$0.00	13,704.564	D

Explanation of Responses:

1. Purchase made with cash in the Employee Stock Purchase Plan.

2. Includes 11.091234 shares acquired on April 15, 2026 pursuant to dividend reinvestment.

3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.

4. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.

5. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.

Remarks:

	Steven R. Horst, as attorney in fact for Gremer, Kevin C.	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Kevin C. Gremer report in this Form 4 for FULT?

Kevin C. Gremer reported a grant of 5,768 restricted stock units and a separate Employee Stock Purchase Plan acquisition of 1,272.5884 Fulton Financial common shares, reflecting compensation-related awards and plan-based buying activity rather than open-market trading in the company’s stock.

How many restricted stock units did FULT executive Kevin Gremer receive?

Kevin Gremer received 5,768 restricted stock units, each equal to one Fulton Financial common share. After this award and including prior dividend reinvestment, his total RSU holdings reached 13,704.564 units, all granted under the company’s 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.

When do Kevin Gremer’s new FULT restricted stock units vest?

The 5,768 restricted stock units granted to Kevin Gremer cliff-vest three years from the May 1, 2026 grant date. At that time, vested shares, along with accumulated dividend equivalents, will be delivered to him, aligning the award with longer-term company performance and retention.

How many Fulton Financial common shares does Kevin Gremer hold after these transactions?

Following the March 12, 2026 Employee Stock Purchase Plan transaction, Kevin Gremer directly holds 1,283.6797 Fulton Financial common shares. This position reflects the purchase of 1,272.5884 shares at $19.645 each, plus a small amount from dividend reinvestment noted in the filing footnotes.